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Bullboard - Stock Discussion Forum Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC... see more

TSXV:VMC - Post Discussion

Vicinity Motor Corp > All electric EV Bus !!!
View:
Post by NAGGY23 on Nov 11, 2020 6:27am

All electric EV Bus !!!

Will be launching q1 2021 i expect big orders from usa with biden govt and BUS is a buy american certified company, Not to mention new office in Bellingham area Now on the list for EV Biden grant program! This Share price will skyrocket next 2 yrs !! Well done BUS
Comment by ratsnake220 on Nov 13, 2020 8:16pm
actually dont think Biden helps.....his mandate will be to support usa infrastructure green companies....things like tax breaks for USA...players....He has said this....Again....this might actually hurt GWT,,,,,this is a sales organization in Canada...they dont do their own manufacturing......If you want some Biden plays look to usa pot companies that trade in Canada.....or Solar companies in USA, ...more  
Comment by VicVegas on Nov 13, 2020 10:27pm
That's why they bought the US building to get the Biden EV grant.   Next topic........
Comment by MrAnswers on Nov 16, 2020 11:46am
I guess you could say they now own land in border town USA which has a surplus of land. Reality is for all their news releases they still are not selling enough busses to be long term viable and buying land, or anything, through dilutive share issues sucks for existing shareholders if  those land purchases do not result in a decent ROI. Management constantly parades "the contracts are ...more  
Comment by BigPines on Nov 16, 2020 12:20pm
I agree and am worried about the same thing.  Lots of talk and not enough follow through. 
Comment by ratsnake220 on Nov 16, 2020 12:42pm
Mr Answers....i think you have answered the question......On the Ev Grants....i do think that The Dems will not give grants to Canadian Companies who own some cow pasture in Wash state....Ultimately i think they form a USA company and decide whether they just want to be a sales ageny making minimal margins because they have subcontracted manufacturing out and the USA sales out....So what is left.. ...more  
Comment by MrAnswers on Nov 16, 2020 12:54pm
I dont think the grants make a difference if you cant sell the product. Often these grants will go to the buyers to upgrade their fleet to something more green but if the buyer chooses company ABC over BUS then it doesnt matter. Lets also not forget a target market for BUS was airports, hotels, schools, etc. to use the cutaways as a shuttle bus and these institutions are hurting right now so I ...more  
Comment by VicVegas on Nov 17, 2020 1:29am
No.1, I'm in the industry.  To quote on contracts.  You must not only be in the same country for 95 per cent success, you must have a locale and certain content must come be sourced in the usa, this was a Trump era "unwritten" rule.   The "sourced " part you can get around.  To me you guys have a certain stench of shorters.  We'll see post ...more  
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